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20121119
20121119
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. >> boehner as a caucus that has dug in its heels on any kind of compromise. the picture of the john boehner, this cartoon character, holding a football, saying to president obama, "trust me it." >> you know, there was an election on november 6, and the democrats did not do that badly. who gives here? >> everybody has got to give. >> you say it and say and say, but you cannot tax your way out of this debt and you cannot slash expenses and get out of this and get rid you have got to do both. >> someone gradually. >> president seems to be offering a two-for-one deal, for every $1 of tax increase, he will cut taxes by two dollars. simpson-bowles wanted a one-to-3 ratio. publicans 10. -- republicans want zero. >> business community does not want us to go over the cliff. >> what the republicans amenable to increases in taxes -- >> use the word "revenue." >> you had nancy pelosi taking the position -- $1 million, not $250,000. john mccain has suggested make it $500,000. that is where the movement is going to come, with that number. >> is there a deal in the works behind closed doors that we don't
the fiscal cliff that is in front of us today. >> chris: president obama and speaker boehner sounding upbeat about prospects to cut a deal to avoid the fiscal cliff. after the panel and congressional leaders met at the white house, rhetoric was reassuring. the question is: is it real? do you get a sense, bob, this is the subject of your new book, that they do see or beginning to see a path to compromise or are they trying to reassure the nervous consumers before the christmas holidays? nervous investors because the stock market has gone down 1,000 points. >> symp nervous about this. the next six weeks could be the six weeks that shook the united states if they don't fix this. there is clearly a new move. the way they will this is hostage otherwise, republicans are determined not to let the tax rate goes up. the president is determined or is determined to get more revenue. and it's possible to do this. and the president is going along with some idea of entitlement reform that we are going to actually cut spending. this is really -- they are going to have to -- they are lagerhead on the tax is
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